Federal Oil Conservation Board

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Members of the Federal Oil Conservation Board in 1925 Federal Oil Conservation Board, 1-19-25 LCCN2016850039.jpg
Members of the Federal Oil Conservation Board in 1925

The Federal Oil Conservation Board (FOCB) was created by United States president Calvin Coolidge in 1924 to investigate conditions in the oil industry. [1] [2] On its creation, the board consisted of the Secretary of War, Secretary of the Navy, Secretary of the Interior, and Secretary of Commerce. [3] Oil industry executives filed a lawsuit through the American Petroleum Institute to prevent the board from having any enforcement power. [4] It was superseded by the Petroleum Administrative Board in 1934. [5]

Contents

References

  1. ↑ Galloway, George B. (1931). Control of Production in the Oil Industry (Report). doi:10.4135/cqresrre1931050700 – via CQ Researcher.
  2. ↑ Nordhauser, Norman (Spring 1973). "Origins of Federal Oil Regulation in the 1920's". Business History Review . 47 (1): 53–71. doi:10.2307/3113603. JSTOR   3113603. S2CID   154450399.
  3. ↑ Becker, Leod D. (February 1925). "The Oil Conservation Board—A Challenge and an Opportunity". Oil Trade. Vol. 16, no. 2. p. 34 – via Google Books.
  4. ↑ "The Oil Wars". Texas State Library. Archived from the original on 2025-03-08. Retrieved 2025-10-05.
  5. ↑ "Records of the Petroleum Administrative Board". National Archives and Records Administration . Retrieved 2021-05-29.

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